19, WELL WAY, NEWQUAY, TR7 3LR - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19 WELL WAY is a large extended detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £481,121. It was last sold for £320,000 in May 2007, which was around 10% above the average May 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

19 WELL WAY Sold Prices

Land registry data shows three sales for 19 WELL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 19 WELL WAY sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 10 MAY	£320,000	£290,808	10% above HPI
2002 18 JUN	£172,000	£161,276	7% above HPI
1997 11 APR	£55,000	£78,940	30% below HPI

19 WELL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 19 WELL WAY sales between April 1997 and May 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2007 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 19 WELL WAY be worth now?

19 WELL WAY might now be worth an estimated £481,121.

This is based on house price inflation of 50.4%, between May 2007 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 19 WELL WAY of £320,000 on 10th May 2007. For the value to have increased from £320,000 to £481,121 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 19 WELL WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2007 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 19 WELL WAY has not materially changed since May 2007.

How Large is 19 WELL WAY?

19 WELL WAY is 124m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 19 WELL WAY lies on this distribution: 64% of detached houses houses are smaller than 19 WELL WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Newquay.

19 WELL WAY: Plot and Title Map

19 WELL WAY sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 19 WELL WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 19 WELL WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 19 WELL WAY?

19 WELL WAY is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 19 on WELL WAY.